2016 BGN to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BGN to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BGN to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 3091.5173. Conversely, the yearly low was recorded on December 20, dropping to 2790.8245.
This high-to-low spread represents a total annual volatility of 300.6928 ZMK. From a start-to-finish perspective, comparing the January average rate of 2918.0148 to the December average rate of 2829.9244, the exchange rate registered a net change of -3.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 3091.5173 was down 4.76% compared to the 2015 peak of 3246.1276, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BGN to ZMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2998.2435, compared to 2945.3434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 52.9001 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 149.4749 ZMK (High: 2987.1544 / Low: 2837.6794). On the other end, September was the most stable month, with a tight range of 29.0081 ZMK (High: 3025.8514 / Low: 2996.8433).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 68.3562 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 3033.9136) against the same month in 2015 (average: 2997.9026), the exchange rate shifted by +36.0111 (+1.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2934.4150 | 2892.7962 | 2918.0148 |
| February | 3037.7608 | 2921.0290 | 2982.2177 |
| March | 3052.3972 | 2919.0792 | 2990.7216 |
| April | 3070.8550 | 3016.4396 | 3045.0071 |
| May | 3091.5173 | 2985.7879 | 3033.9136 |
| June | 3058.3054 | 2962.4922 | 3019.5862 |
| July | 2993.5908 | 2932.5901 | 2962.6869 |
| August | 3041.6351 | 2976.7240 | 3008.1253 |
| September | 3025.8514 | 2996.8433 | 3009.7953 |
| October | 3014.0485 | 2921.7277 | 2963.2477 |
| November | 2987.1544 | 2837.6794 | 2898.2806 |
| December | 2880.9126 | 2790.8245 | 2829.9244 |